What you need to know
- iPhone supplier Pegatron has acquired the rights to use land in India to build a factory.
- The site will mainly be for the production of smartphones, employing 14,000 people.
Apple supplier Pegatron has spent $14 million on rights to land in Chennai, India, for a factory to be used mainly for iPhone production.
As reported by Digitimes:
Pegatron is also investing in production in Vietnam, whilst other Apple suppliers including Foxconn and Wistron have already set up manufacturing bases in the country. Apple has onshored much of its iPhone production in the country, driven by generous government subsidies and incentives.
This week it has also been reported that India is seeking a similar deal with Apple and other vendors to bring tablet and computer production to the company, with Apple lobbying for more generous subsidies. From that report:
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Stephen Warwick has written about Apple for five years at iMore and previously elsewhere. He covers all of iMore's latest breaking news regarding all of Apple's products and services, both hardware and software. Stephen has interviewed industry experts in a range of fields including finance, litigation, security, and more. He also specializes in curating and reviewing audio hardware and has experience beyond journalism in sound engineering, production, and design.
Before becoming a writer Stephen studied Ancient History at University and also worked at Apple for more than two years. Stephen is also a host on the iMore show, a weekly podcast recorded live that discusses the latest in breaking Apple news, as well as featuring fun trivia about all things Apple. Follow him on Twitter @stephenwarwick9